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Cohu Inc - COHU STOCK NEWS

Welcome to our dedicated page for Cohu news (Ticker: COHU), a resource for investors and traders seeking the latest updates and insights on Cohu stock.

Cohu Inc. (NASDAQ: COHU) is a globally recognized leader in the semiconductor test and inspection equipment industry, headquartered in Poway, California. The company provides innovative solutions that enable its customers—who are also leaders in automotive, computing, mobility, IoT, communications, high-speed memory, industrial, and solid-state lighting sectors—to overcome some of the toughest challenges in semiconductor testing.

Cohu Inc. offers an extensive range of technologies that can be integrated into various handler platforms to optimize semiconductor test processes. Its product portfolio comprises:

  • Digital Test Handlers: Pick-and-place semiconductor test handlers, burn-in equipment, and thermal sub-systems, commonly referred to as Delta Design products.
  • Analog Test Handlers: Gravity feed, test-in-strip handlers, MEMS test units, and turret-based test handling and back-end finishing equipment for ICs, LEDs, and discrete components, commonly known as Rasco products.
  • Interface Products: Including test contactors, probe heads, and probe pins.
  • Automated Test Equipment (ATE): Advanced systems for semiconductor testing.
  • Spare Parts and Kits: Essential components for maintaining and upgrading testing equipment.

Furthermore, Cohu Inc. serves semiconductor manufacturers and test subcontractors with micro-electro-mechanical system (MEMS) test modules, test contactors, thermal sub-systems, and bare board PCB test systems. The company operates primarily within one reportable segment: Semiconductor Test and Inspection Equipment.

In recent times, Cohu Inc. has been involved in several groundbreaking projects and partnerships, enhancing its financial condition and expanding its market footprint. The company continues to focus on innovation and excellence, ensuring its products meet the evolving demands of the semiconductor industry.

Latest News: Stay updated with the most recent developments and performances of Cohu Inc. to get insights into their latest projects, financial updates, and market trends.

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Cohu, Inc. (NASDAQ: COHU) announced that a leading U.S. semiconductor manufacturer has selected its Diamondx platform for testing IoT devices, enhancing test parallelism. The Diamondx platform, equipped with RedDragon RF instrumentation, supports testing for emerging technologies such as 5G and Wi-Fi 7. CEO Luis Müller highlighted the platform's cost-effectiveness, replacing multiple testers with a single solution to improve throughput up to 480V. This adoption underscores Cohu's strategy for expanding market applications in the mixed signal sector.

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Cohu, a leader in back-end semiconductor equipment and services, is set to participate in several investor conferences in June 2022. Key events include the 22nd Annual B. Riley Securities Institutional Investor Conference on May 25 in Beverly Hills, the 19th Annual Craig-Hallum Institutional Investor Conference virtually on June 1, and the Cowen 50th Annual Technology, Media & Telecom Conference on June 2 in New York. Investors can access presentation materials on Cohu's website.

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Cohu, Inc. (NASDAQ: COHU), a leader in back-end semiconductor equipment and services, will host a Virtual Analyst and Investor Conference on May 16, 2022, at 10:00 a.m. PT / 1:00 p.m. ET. The event, lasting approximately 90 minutes, will feature presentations and a Q&A session led by CEO Luis A. Müller and CFO Jeffrey D. Jones, along with comments from the management team. Investors can access the presentation via the company's website.

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Cohu, Inc. reported fiscal Q1 2022 net sales of $197.8 million, a 3.1% increase from Q4 2021. Gross margin remained strong at 46.1%. The company achieved $45 million in incremental design-win orders, contributing to a record order backlog. Net income was $21.6 million or $0.44 per share. Non-GAAP income was $32.6 million or $0.66 per share. Cohu expects Q2 sales between $205 million and $221 million, reflecting a positive outlook driven by effective supply chain management and customer acquisitions.

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Cohu, Inc. (NASDAQ: COHU) will release its financial results for the first quarter on April 28, 2022, at 1:00 PM PT. A conference call and webcast will follow at 1:30 PM PT to discuss these results. Investors can dial in using specific numbers or access the webcast through the company's website. The replay of the teleconference will be available until May 5, 2022. Cohu is a leader in back-end semiconductor equipment and services.

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Cohu, Inc. (NASDAQ: COHU) reported a record revenue of $887 million for 2021, reflecting a 39% growth year-over-year. The fourth quarter net sales reached $191.9 million, with a GAAP income of $20.9 million, translating to $0.42 per share. Non-GAAP results showed significant profitability, with an annual non-GAAP EPS of $3.20, up 169% from 2020. The company achieved a 130% increase in inspection & metrology revenue and expects Q1 2022 sales between $188 million and $202 million.

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Cohu, a leader in back-end semiconductor equipment, will announce its financial results for Q4 and FY 2021 on February 10, 2022, at 1:00 PM PT. The company will conduct a conference call at 1:30 PM PT to discuss the results, accessible via phone and webcast on its website. Investors can access the teleconference replay until February 17, 2022. Cohu focuses on delivering innovative solutions for semiconductor manufacturing.

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Cohu, a leader in back-end semiconductor equipment and services, will participate in the 24th Annual Needham Virtual Growth Conference on January 11, 2022. The company is scheduled for a one-on-one session and will present at 10:45 a.m. EST. Presentation materials will be available on the Investor Relations section of www.cohu.com. Portfolio managers and analysts can coordinate meetings with their banking representatives.

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Cohu, Inc. (NASDAQ: COHU) has revised its mid-term financial targets to forecast annual revenue of $1 billion and non-GAAP EPS of $4.00. This adjustment reflects anticipated growth driven by a surge in the Inspection and Metrology market, projected to double revenue in 2021 to $70 million, and increased penetration in the semiconductor test equipment sector. The introduction of the DI-Core platform emphasizes Cohu's commitment to software data analytics. CEO Luis Müller expressed optimism about record revenue and profitability for the fiscal year 2021.

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Cohu, Inc. (NASDAQ: COHU) announced a significant order for multiple Diamondx testers from a major South Korean display driver manufacturer. These testers are designed for AMOLED driver ICs used in mobile devices, chosen for their proven high test parallelism and scalability, facilitating faster production and market delivery. Cohu estimates the display driver IC test market to be around $150 million. This order aligns with Cohu's strategy to expand its market reach and enhance growth prospects in the semiconductor testing sector.

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FAQ

What is the current stock price of Cohu (COHU)?

The current stock price of Cohu (COHU) is $24.47 as of January 23, 2025.

What is the market cap of Cohu (COHU)?

The market cap of Cohu (COHU) is approximately 1.1B.

What does Cohu Inc. specialize in?

Cohu Inc. specializes in semiconductor test and inspection equipment, providing advanced solutions for various industries including automotive, computing, and IoT.

Where is Cohu Inc. headquartered?

Cohu Inc. is headquartered in Poway, California, within San Diego County.

What are some of the main products offered by Cohu Inc.?

Cohu Inc.'s main products include semiconductor ATE, semiconductor handlers, interface products like test contactors and probe heads, spares and kits, and bare board PCB test systems.

Who are the primary customers of Cohu Inc.?

Cohu Inc.'s primary customers are global leaders in industries such as automotive, computing, mobility, IoT, communications, and high-speed memory.

In which market segment does Cohu Inc. operate?

Cohu Inc. operates primarily within the Semiconductor Test and Inspection Equipment segment.

What recent achievements has Cohu Inc. accomplished?

Cohu Inc. has been part of several major projects and partnerships aimed at enhancing its financial condition and expanding its market presence.

Does Cohu Inc. offer any specialized test modules?

Yes, Cohu Inc. offers micro-electro-mechanical system (MEMS) test modules among its diverse product offerings.

What industries benefit from Cohu Inc.'s products?

Industries such as automotive, computing, IoT, high-speed memory, industrial, and solid-state lighting benefit from Cohu Inc.'s products.

What makes Cohu Inc.'s products unique?

Cohu Inc.'s products are known for their ability to integrate enabling technologies into handler platforms, optimizing semiconductor tests and meeting complex customer requirements.

How can I stay updated with the latest news about Cohu Inc.?

You can stay updated by following the latest news and developments on Cohu Inc. on their official website and financial news platforms.
Cohu Inc

Nasdaq:COHU

COHU Rankings

COHU Stock Data

1.13B
45.36M
2.7%
93.55%
3.77%
Semiconductor Equipment & Materials
Instruments for Meas & Testing of Electricity & Elec Signals
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United States of America
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